A) Magnetic Ink Computer Reading
B) Magnetic Ink Code Recognition
C) Magnetic Ink Character Recognition
D) Management Ink Check Reading
E) Magnetic Ink Code Recognition
Correct Answer: C
Solution :
[c] MICR stands for Magnetic Ink Character Recognition. MICR Code is a character-recognition technology used mainly by the banking industry (o ease the processing and clearance of cheques and other documents. Unlike barcodes and similar technologies, MICR characters can be read easily by humans.
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